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Economy of East Timor vs Ivory Coast compared: GDP & Debt

Updated on by Georank

East Timor has a GDP of $1.9B compared to $99.8B for Ivory Coast, ranking 181/197 and 77/197 by economy size, respectively.

East Timor has $273M in government debt (14.3% of GDP), compared to $56.2B (56.3% of GDP) in Ivory Coast.

East Timor vs Ivory Coast GDP by year

East Timor
Ivory Coast
1x
Year GDP, current $
East Timor Ivory Coast
2025 $1,902,180,258 $99,773,555,666
2024 $1,865,608,515 $87,113,179,149
2023 $2,079,767,200 $80,780,312,569
2022 $3,208,599,900 $70,922,824,814
2021 $3,625,024,300 $72,794,636,654
2020 $2,162,619,200 $63,027,852,805
2019 $2,032,550,400 $60,382,894,697
2018 $1,555,988,600 $58,522,477,787
2017 $1,584,878,400 $52,512,343,997
2016 $1,640,464,600 $48,407,761,037
2015 $1,590,282,400 $45,815,005,169
2014 $1,447,535,200 $48,843,005,614
2013 $1,395,727,400 $42,760,235,485
2012 $1,160,555,000 $36,302,302,877
2011 $1,042,534,600 $36,693,710,801
2010 $881,909,300 $34,936,307,980
2009 $726,937,800 $33,886,813,250
2008 $648,523,600 $34,078,240,293
2007 $542,795,400 $28,760,090,953
2006 $453,792,400 $25,281,413,263
2005 $462,268,000 $24,036,918,703
2004 $440,772,000 $23,510,575,681
2003 $490,439,100 $21,251,754,340
2002 $469,455,500 $18,054,383,321
2001 $477,359,300 $16,810,537,044
2000 $366,924,300 $16,577,533,892
1999 $225,357,600 $18,870,992,456
1998 $325,729,800 $19,619,654,756
1997 $319,972,700 $18,047,558,038
1996 $306,956,900 $18,071,152,831
1995 $262,819,900 $11,000,146,267
1994 $239,040,500 $8,313,557,510
1993 $216,914,400 $11,045,760,288
1992 $187,891,500 $11,152,971,274
1991 $147,713,000 $10,492,628,581
1990 $128,210,142 $10,795,850,583
1989 - $9,757,410,645
1988 - $10,255,169,806
1987 - $10,087,654,465
1986 - $9,158,302,100
1985 - $6,977,650,644
1984 - $6,841,639,247
1983 - $6,838,184,773
1982 - $7,567,110,849
1981 - $8,432,589,942
1980 - $10,175,617,609
1979 - $9,142,933,967
1978 - $7,900,526,298
1977 - $6,265,068,189
1976 - $4,662,053,825
1975 - $3,893,839,190
1974 - $3,070,152,309
1973 - $2,508,421,426
1972 - $1,849,400,402
1971 - $1,584,128,509
1970 - $1,455,482,795
1969 - $1,361,360,293
1968 - $1,281,281,277
1967 - $1,082,922,725
1966 - $1,024,102,880
1965 - $919,771,229
1964 - $921,063,327
1963 - $761,047,198
1962 - $645,284,474
1961 - $618,245,634
1960 - $546,203,559

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/east-timor/ivory-coast | CC BY

GDP per capita in East Timor vs Ivory Coast by year

East Timor
GDP per capita

GDP per capita, PPP
Ivory Coast
GDP per capita

GDP per capita, PPP
1x
Year Current $
East Timor Ivory Coast
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,341 - $3,050 -
2024 $1,332 $4,423 $2,728 $7,669
2023 $1,502 $4,807 $2,592 $7,237
2022 $2,343 $5,730 $2,333 $6,719
2021 $2,685 $6,825 $2,456 $6,045
2020 $1,631 $6,132 $2,180 $5,544
2019 $1,562 $4,557 $2,142 $5,516
2018 $1,219 $3,561 $2,131 $4,946
2017 $1,266 $3,463 $1,964 $4,690
2016 $1,336 $3,391 $1,863 $4,531
2015 $1,320 $3,108 $1,815 $4,404
2014 $1,225 $2,860 $1,991 $4,074
2013 $1,205 $2,566 $1,786 $3,619
2012 $1,023 $2,386 $1,547 $3,291
2011 $939 $2,066 $1,597 $3,176
2010 $813 $1,955 $1,554 $3,361
2009 $687 $1,810 $1,540 $3,177
2008 $628 $1,675 $1,584 $3,116
2007 $540 $1,516 $1,368 $2,985
2006 $465 $1,377 $1,230 $2,942
2005 $487 $1,435 $1,198 $2,842
2004 $474 $1,379 $1,200 $2,794
2003 $535 $1,355 $1,111 $2,702
2002 $534 $1,417 $968 $2,851
2001 $588 $1,619 $925 $2,962
2000 $492 $1,483 $937 $3,041
1999 $270 $819 $1,096 $3,065
1998 $346 $1,108 $1,177 $3,086
1997 $349 $1,149 $1,125 $3,040
1996 $344 $1,116 $1,170 $2,832
1995 $303 $1,043 $740 $2,683
1994 $283.1 $985 $582 $2,551
1993 $264.1 $925 $804 $2,577
1992 $235.1 $843 $845 $2,625
1991 $189.8 $766 $827 $2,677
1990 $168.6 $685 $886 $2,693
1989 - - $833 -
1988 - - $910 -
1987 - - $930 -
1986 - - $877 -
1985 - - $695 -
1984 - - $709 -
1983 - - $737 -
1982 - - $849 -
1981 - - $986 -
1980 - - $1,238 -
1979 - - $1,157 -
1978 - - $1,039 -
1977 - - $856 -
1976 - - $661 -
1975 - - $575 -
1974 - - $474 -
1973 - - $406 -
1972 - - $313 -
1971 - - $280.3 -
1970 - - $269 -
1969 - - $262.2 -
1968 - - $256.8 -
1967 - - $225.6 -
1966 - - $221.8 -
1965 - - $207 -
1964 - - $215.5 -
1963 - - $185.1 -
1962 - - $163.1 -
1961 - - $162.3 -
1960 - - $148.7 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/east-timor/ivory-coast | CC BY

East Timor's GDP per capita is $1,341, ranking 168/197, compared to $3,050 in Ivory Coast, ranking 145/197. Adjusted for purchasing power (GDP per capita PPP), East Timor ranks 163rd at $4,423, while Ivory Coast ranks 145th at $7,669.

Economic indicators

East Timor Ivory Coast
Gross domestic product
$1.9B
2025
$99.8B
2025
GDP rank
181/197
2025
77/197
2025
GDP growth
6.98%
2024-2025
6.5%
2024-2025
GDP per capita
$1,341
2025
$3,050
2025
GDP per capita rank
168/197
2025
145/197
2025
GDP per capita, PPP
$4,423
2024
$7,669
2024
GDP per capita PPP rank
163/197
2024
145/197
2024
Government debt
$273M
2025
$56.2B
2025
Debt-to-GDP ratio
14.3%
2025
56.3%
2025
Government debt per person
$192.3
2025
$1,718
2025
Government debt per person rank
182/185
2025
124/185
2025
Average annual personal income after taxes
$1,644
2026
$2,667
2026
Market capitalization of domestic companies n/a
$7.33B
2020
Income share by richest 10%
24%
2014
27.8%
2021
Income share by poorest 10%
4%
2014
3.1%
2021
Government expenditure, % of GDP
93.9%
2025
20.2%
2025
Consumer prices inflation
0.5%
2024-2025
0.13%
2024-2025
Unemployment rate
1.54%
2022
2.31%
2022
Population
1446322
33910252

Spending and national debt comparison by year

East Timor
Spending

Debt
Ivory Coast
Spending

Debt
1x
Year % of GDP
East Timor Ivory Coast
Government spending Government debt Government spending Government debt
2025 93.9% 14.3% 20.2% 56.3%
2024 98% 14.4% 20.4% 59.5%
2023 78.6% 12.4% 21% 56.7%
2022 59.9% 7.9% 21.9% 56%
2021 45.7% 6.53% 20.5% 50.2%
2020 61.7% 10.1% 20.4% 46.3%
2019 68.8% 9.51% 17.2% 37.2%
2018 85.5% 9.31% 17.6% 35.3%
2017 87.3% 6.71% 18.1% 32.6%
2016 112.2% 4.71% 17.6% 31.1%
2015 98.1% 2.95% 16.5% 29.2%
2014 111% 1.52% 15.2% 26.7%
2013 96.1% 0.46% 15.9% 24.6%
2012 129.3% 0.002% 16.1% 24.7%
2011 133.3% 0% 13.2% 50%
2010 121.3% 0% 14.5% 45.6%
2009 121.8% 0% 14.4% 46.5%
2008 122.4% 0% 14.6% 51.2%
2007 75.8% 0% 14.8% 53.5%
2006 59.8% 0% 14.5% 57.5%
2005 58.3% 0% 13.6% 58.2%
2004 74.2% 0% 13.5% 56.7%
2003 80.1% 0% 12.7% 56.4%
2002 93.5% 0% 13.1% 63%
2001 95.7% 0% 11.4% 71.2%
2000 - - 12.9% 74%
1999 - - 13.7% 78%
1998 - - 14.6% 75.2%
1997 - - 15.2% 84.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/east-timor/ivory-coast | CC BY

In 2025, East Timor's government spending was $1.79B, accounting for 93.9% of its GDP, while Ivory Coast spent $20.1B, or 20.2% of GDP.

Debt-to-GDP ratio is 14.3% in East Timor and 56.3% in Ivory Coast, ranking 178/185 and 85/185, respectively.

Government deficit by year

Deficit/surplus
East Timor

Ivory Coast
1x
Year Deficit/surplus, % of GDP
East Timor Ivory Coast
2025 -48% -3%
2024 -47% -3.96%
2023 -34.7% -5.12%
2022 -29.5% -6.74%
2021 -20.1% -4.88%
2020 -18.9% -5.42%
2019 -25.4% -2.22%
2018 -26.9% -2.9%
2017 -33.8% -3.27%
2016 -55.7% -2.98%
2015 -33.2% -2.04%
2014 -37.5% -1.57%
2013 -14.4% -1.62%
2012 -38.7% -2.28%
2011 -25.4% -2.89%
2010 -19.8% -1.34%
2009 -17.2% -1%
2008 -18.6% -0.21%
2007 -29.9% -0.39%
2006 41% -1.03%
2005 -10.5% -1.03%
2004 -7.48% -1.04%
2003 -8.24% -1.26%
2002 -7.64% -0.64%
2001 3.24% 0.7%
2000 - -0.83%
1999 - -1.27%
1998 - -0.7%
1997 - -0.75%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/east-timor/ivory-coast | CC BY

In 2025, East Timor's government deficit, the difference between spending and revenue, was $914M, equivalent to 48% of GDP. This compares to Ivory Coast's deficit of $3B, or 3% of GDP.

Over the past 25 years, East Timor recorded a fiscal deficit in 23 of those years, while Ivory Coast ran a deficit in 24 years. On average, East Timor posted an annual deficit equal to 22.6% of GDP, compared to deficit of 2.33% of GDP for Ivory Coast.

Inflation comparison by year

Inflation
East Timor

Ivory Coast
1x
Year Consumer prices inflation
East Timor Ivory Coast
2025 0.5% 0.13%
2024 2.1% 3.45%
2023 8.4% 4.37%
2022 7% 5.23%
2021 3.8% 4.16%
2020 0.5% 2.41%
2019 0.9% 0.79%
2018 2.3% 0.4%
2017 0.5% 0.69%
2016 -1.5% 0.72%
2015 0.6% 1.25%
2014 0.8% 0.45%
2013 9.5% 2.58%
2012 10.9% 1.3%
2011 13.2% 4.91%
2010 5.2% 1.23%
2009 -0.2% 1.02%
2008 7.4% 6.31%
2007 8.6% 1.89%
2006 5.2% 2.47%
2005 1.6% 3.89%
2004 2.2% 1.46%
2003 8% 3.3%
2002 4.1% 3.08%
2001 3.6% 4.36%
2000 - 2.53%
1999 - 0.7%
1998 - 4.61%
1997 - 4.02%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2001–2025, retrieved 2026-07-08).

GeoRank.org/economy/east-timor/ivory-coast | CC BY

Over the past 25 years, East Timor has recorded an average annual inflation rate of 4.21%, compared with 2.47% in Ivory Coast. In 2025, inflation was 0.5% in East Timor and 0.13% in Ivory Coast.

Balance of trade

East Timor Ivory Coast
Current account balance
-$701M
2025
-$3.89B
2024
Current account balance ranking
109/190
2025
156/190
2024
Current account balance, % of GDP
-36.9%
2025
-4.47%
2024
Goods imports
$842M
2025
$15.3B
2024
Goods exports
$126M
2025
$20.8B
2024
Service imports
$475M
2025
$6.63B
2024
Service exports
$147M
2025
$1.22B
2024
Imports of goods and services, % of GDP
84.9%
2024
24.8%
2025
Exports of goods and services, % of GDP
10.6%
2024
29.8%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

East Timor Ivory Coast
Economic freedom 47.9 58.1
Economic freedom ranking 173/197 111/197
Property rights 43.5 43.9
Government integrity 43.9 39.3
Judicial effectiveness 34.5 30.2
Tax burden 97.1 81.6
Government spending 0 86.6
Fiscal health 19.6 48
Business freedom 62.7 68.3
Labor freedom 56.5 57.1
Monetary freedom 72.2 67.6
Trade freedom 79.8 74.4
Investment freedom 45 50
Financial freedom 20 50

Economic freedom comparison by year

East Timor
Ivory Coast
1x
Year Economic freedom index
East Timor Ivory Coast
2026 47.9 58.1
2025 47.9 57.8
2024 50.2 58.4
2023 47.2 60.4
2022 46.3 61.6
2021 44.7 61.7
2020 45.9 59.7
2019 44.2 62.4
2018 48.1 62
2017 46.3 63
2016 45.8 60
2015 45.5 58.5
2014 43.2 57.7
2013 43.7 54.1
2012 43.3 54.3
2011 42.8 55.4
2010 45.8 54.1
2009 50.5 55
2008 - 53.9
2007 - 54.9
2006 - 56.2
2005 - 56.6
2004 - 57.8
2003 - 56.7
2002 - 57.3
2001 - 54.8
2000 - 50.2
1999 - 51.7
1998 - 51.3
1997 - 50.5
1996 - 49.9
1995 - 53.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/east-timor/ivory-coast | CC BY

The Economic Freedom Index for East Timor is 47.9, ranking 173/197, compared to 58.1 for Ivory Coast, ranking 111/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

East Timor Ivory Coast
Services, % of GDP
71.6%
2024
51.2%
2025
Industry, % of GDP
11.8%
2024
23.9%
2025
Agriculture, forestry, and fishing, % of GDP
20.2%
2024
16.8%
2025
GNI, Atlas method
$2.14B
2025
$91B
2025
GNI per capita, PPP
$5,120
2025
$7,750
2025
Total reserves including gold
$851M
2025
n/a
Total reserves ranking
145/177
2025
n/a
Net foreign direct investment
-$253M
2025
-$2.89B
2024
Net inflows of foreign direct investment
$225M
2024
$3.12B
2024
Net outflows of foreign direct investment
$4.5M
2024
$228M
2024
Servicing debt to the IMF, % of GNI
1.23%
2024
6.47%
2024
Poverty at national poverty lines
41.8%
2014
37.5%
2021
Gross capital formation, % of GDP
30.1%
2024
19.3%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/east-timor/ivory-coast | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1997–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.